SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   Form 10-QSB

--------------------------------------------------------------------------------
(Mark one)

[X] Quarterly Report Under Section 13 or 15(d) of The Securities Exchange
    Act of 1934

    For the quarterly period ended April 30, 2007

[ ] Transition Report Under Section 13 or 15(d) of The Securities Exchange
    Act of 1934

    For the transition period from ______________ to _____________

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                        Commission File Number: 000-30071


                       KIK Technology International, Inc.
        (Exact name of small business issuer as specified in its charter)

      California                                                91-2021602
(State of incorporation)                                (IRS Employer ID Number)

                      590 Airport Road, Oceanside CA 92054
                    (Address of principal executive offices)

                                 (760) 967-2777
                           (Issuer's telephone number)

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Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports),  and (2) has been
subject to such filing requirements for the past 90 days. YES [X] NO [ ]

Indicate by check mark whether the  registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act): YES [ ] NO [X]

State the number of shares outstanding of each of the issuer's classes of common
equity as of the latest practicable date: July 19, 2007: 25,321,865

Transitional Small Business Disclosure Format (check one):YES [ ] NO [X]
<PAGE>
                       KIK TECHNOLOGY INTERNATIONAL, INC.

                Form 10-QSB for the Quarter ended April 30, 2007

                                Table of Contents


                                                                            Page
                                                                            ----
PART I - FINANCIAL INFORMATION

   Item 1 Financial Statements                                                 3

   Item 2 Management's Discussion and Analysis or Plan of Operation           17

   Item 3 Controls and Procedures                                             20


PART II - OTHER INFORMATION

   Item 1 Legal Proceedings                                                   20

   Item 2 Unregistered Sales of Equity Securities and Use of Proceeds         20

   Item 3 Defaults Upon Senior Securities                                     20

   Item 4 Submission of Matters to a Vote of Security Holders                 20

   Item 5 Other Information                                                   20

   Item 6 Exhibits                                                            21

SIGNATURES                                                                    21

                                       2
<PAGE>
                                     PART I

ITEM 1 - FINANCIAL STATEMENTS

                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
                           CONSOLIDATED BALANCE SHEETS
                             April 30, 2007 and 2006

                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                      April 30,             April 30,
                                                                        2007                  2006
                                                                     -----------           -----------
<S>                                                                  <C>                   <C>
                                     ASSETS
CURRENT ASSETS
   Cash on hand and in bank                                          $       832           $     8,459
   Accounts receivable
     Trade, net of allowance for doubtful accounts
     of approximately $1,989 and $15,758, respectively                   187,269               238,815
     Other                                                                12,282                10,680
   Inventories                                                           161,444               204,060
   Prepaid expenses                                                           --                    --
                                                                     -----------           -----------
      TOTAL CURRENT ASSETS                                               364,459               462,014
                                                                     -----------           -----------
PROPERTY AND EQUIPMENT - AT COST,
 NET OF ACCUMULATED DEPRECIATION                                          81,875               103,327
                                                                     -----------           -----------
OTHER ASSETS
   Funds held in trust by officer                                         53,400                53,400
   Refundable deposits                                                     4,966                 4,800
                                                                     -----------           -----------
      TOTAL OTHER ASSETS                                                  58,366                58,200
                                                                     -----------           -----------
TOTAL ASSETS                                                         $   508,974           $   623,541
                                                                     ===========           ===========

                      LIABILITIES AND STOCKHOLDERS' DEFICIT
CURRENT LIABILITIES
   Cash overdraft                                                    $    18,527           $        --
   Notes payable to investors                                             68,000                68,000
   Current maturity of capital lease payable                                  --                 4,148
   Accounts payable - trade                                              520,032               372,502
   Other accrued expenses                                                 47,324                44,230
   Management fee payable to majority shareholder                        510,000               390,000
   Advances from majority shareholder                                    316,000               116,000
                                                                     -----------           -----------
      TOTAL CURRENT LIABILITIES                                        1,479,883               994,880
                                                                     -----------           -----------

LONG-TERM LIABILITIES                                                         --                    --
                                                                     -----------           -----------
      TOTAL LIABILITIES                                                1,479,883               994,880
                                                                     -----------           -----------
COMMITMENTS AND CONTINGENCIES

STOCKHOLDERS' DEFICIT
   Common stock - $0.001 par value
     100,000,000 shares authorized
     25,171,865 shares issued and outstanding                             25,172                25,172
   Additional paid-in capital                                          5,152,423             5,152,423
   Accumulated deficit                                                (6,165,487)           (5,548,934)
                                                                     -----------           -----------
      TOTAL STOCKHOLDERS' DEFICIT                                       (981,892)             (371,339)
                                                                     -----------           -----------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                          $   497,991           $   623,541
                                                                     ===========           ===========
</TABLE>

   The financial information presented herein has been prepared by management
           without audit by independent certified public accountants.
                 The accompanying notes are an integral part of
                    these consolidated financial statements.

                                       3
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
          CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS
                   Three months ended April 30, 2007 and 2006

                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                         Three months           Three months
                                                            ended                  ended
                                                           April 30,              April 30,
                                                             2007                   2006
                                                         ------------           ------------
<S>                                                      <C>                    <C>
REVENUES - net of returns and allowances                 $    312,923           $    596,844
COST OF SALES                                                (348,087)              (453,303)
                                                         ------------           ------------

GROSS PROFIT                                                  (35,164)               143,541
                                                         ------------           ------------

OPERATING EXPENSES
   Selling, general and administrative expenses               145,464                151,009
                                                         ------------           ------------

LOSS FROM OPERATIONS                                         (180,628)                (7,468)

OTHER INCOME
   Interest and other income (expense) - net                   (2,306)                  (961)
                                                         ------------           ------------

LOSS BEFORE PROVISION FOR INCOME TAXES                       (182,934)                (8,429)

PROVISION FOR INCOME TAXES                                         --                     --
                                                         ------------           ------------

NET LOSS                                                     (182,934)                (8,429)

OTHER COMPREHENSIVE INCOME                                         --                     --
                                                         ------------           ------------

COMPREHENSIVE LOSS                                       $   (182,934)          $     (8,429)
                                                         ============           ============
Net loss per weighted-average share
 of common stock outstanding, calculated
 on Net Loss - basic and fully diluted                   $      (0.01)          $      (0.00)
                                                         ============           ============
Weighted-average number of shares
 of common stock outstanding                               25,171,865             25,171,865
                                                         ============           ============
</TABLE>


   The financial information presented herein has been prepared by management
           without audit by independent certified public accountants.
                 The accompanying notes are an integral part of
                    these consolidated financial statements.

                                       4
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                   Three months ended April 30, 2007 and 2006

                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                        Three months        Three months
                                                           ended               ended
                                                          April 30,           April 30,
                                                            2007                2006
                                                          ---------           ---------
<S>                                                       <C>                 <C>
CASH FLOWS FROM OPERATING ACTIVITIES
   Net loss for the period                                $(182,934)          $  (8,429)
   Adjustments to reconcile net loss to net cash
    provided by operating activities
      Depreciation and amortization                           6,711               7,490
   (Increase) Decrease in
      Accounts receivable - trade and other                   6,947             (74,376)
      Inventory                                                (211)             11,369
      Prepaid expenses and other                             (1,661)                223
   Increase (Decrease) in
      Accounts payable                                       50,585             (11,234)
      Other accrued expenses                                 (3,855)                952
      Accrued management fees to parent company              30,000              30,000
                                                          ---------           ---------
NET CASH USED IN OPERATING ACTIVITIES                       (94,418)            (44,005)
                                                          ---------           ---------

CASH FLOWS FROM INVESTING ACTIVITIES
   Purchase of property and equipment                            --              (6,933)
                                                          ---------           ---------
NET CASH USED IN INVESTING ACTIVITIES                            --              (6,933)
                                                          ---------           ---------

CASH FLOWS FROM FINANCING ACTIVITIES
   Decrease in cash overdraft                                (4,356)                 --
   Advances from majority shareholder                       100,000              50,000
   Payments on long-term capital lease                         (425)               (794)
                                                          ---------           ---------
NET CASH USED IN FINANCING ACTIVITIES                        95,219              49,206
                                                          ---------           ---------

INCREASE (DECREASE) IN CASH                                     801              (1,732)
Cash at beginning of period                                      31              10,191
                                                          ---------           ---------

CASH AT END OF PERIOD                                     $     832           $   8,459
                                                          =========           =========
SUPPLEMENTAL DISCLOSURE OF
 INTEREST AND INCOME TAXES PAID
   Interest paid for the period                           $   1,382           $   1,051
                                                          =========           =========
   Income taxes paid for the period                       $      --           $      --
                                                          =========           =========
SUPPLEMENTAL DISCLOSURE OF NON-CASH
 INVESTING AND FINANCING ACTIVITIES                       $      --           $      --
                                                          =========           =========
</TABLE>

   The financial information presented herein has been prepared by management
           without audit by independent certified public accountants.
                 The accompanying notes are an integral part of
                    these consolidated financial statements.

                                       5
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                             April 30, 2007 and 2006


NOTE A - ORGANIZATION AND DESCRIPTION OF BUSINESS

KIK Technology  International,  Inc. (KTII) was incorporated on February 1, 2000
under   the  laws  of  the   State   of   California   as   Russian-Imports.com.
Russian-Imports.com  was  initially  founded with a business  plan to develop an
internet  e-commerce  website  which proved  unsuccessful  and was  subsequently
terminated.

On September 4, 2001, KTII issued 16,700,000 shares of restricted,  unregistered
common stock to KIK Polymers,  Inc.  (formerly KIK Tire  Technologies,  Inc.) (a
publicly-owned Canadian corporation) (KIK Polymers) for 100.0% of the issued and
outstanding stock of KIK Technology,  Inc. (a wholly-owned  subsidiary of KTTI).
By  virtue of this  transaction,  KIK  Technology,  Inc.  became a  wholly-owned
subsidiary of KTII and KIK Polymers became an approximate  73.6%  shareholder in
KTII.

KIK  Technology,  Inc (KTI) was  incorporated in June 1988 under the laws of the
State of California.  KTI manufactures and markets an extensive and high quality
line of off-highway micro-cellular polyurethane tires for the healthcare,  light
industrial,  lawn and garden and  recreational  industries.  KTI operates from a
sole manufacturing plant and marketing offices located in Oceanside, CA.

The Company's  principal raw  materials are produced from  petroleum  feedstocks
and,  therefore,  are subject to disruption and price  variances  related to the
global  availability  of and  competition  for crude  oil,  as well as  domestic
refining capacity and capability.

NOTE B - PREPARATION OF FINANCIAL STATEMENTS

The  Company  follows  the  accrual  basis  of  accounting  in  accordance  with
accounting principles generally accepted in the United States of America and has
adopted a year-end of January 31.

The preparation of financial statements in conformity with accounting principles
generally  accepted in the United States of America requires  management to make
estimates  and  assumptions  that  affect  the  reported  amounts  of assets and
liabilities  and disclosure of contingent  assets and liabilities at the date of
the  financial  statements  and the  reported  amounts of revenues  and expenses
during the reporting period. Actual results could differ from those estimates.

Management further acknowledges that it is solely responsible for adopting sound
accounting  practices,   establishing  and  maintaining  a  system  of  internal
accounting  control and preventing and detecting  fraud. The Company's system of
internal  accounting  control is designed to assure,  among other items, that 1)
recorded  transactions  are valid; 2) valid  transactions  are recorded;  and 3)
transactions  are  recorded in the proper  period in a timely  manner to produce
financial  statements which present fairly the financial  condition,  results of
operations  and cash  flows of the  Company  for the  respective  periods  being
presented

During interim periods, the Company follows the accounting policies set forth in
its annual  audited  financial  statements  filed with the U. S.  Securities and
Exchange  Commission  on its  Annual  Report on Form  10-KSB  for the year ended
January 31, 2007.  The  information  presented  within these  interim  financial
statements  may not  include all  disclosures  required  by  generally  accepted
accounting  principles  and the  users of  financial  information  provided  for
interim periods should refer to the annual  financial  information and footnotes
when reviewing the interim financial results presented herein.

In the opinion of management,  the accompanying  interim  financial  statements,
prepared in  accordance  with the U. S.  Securities  and  Exchange  Commission's
instructions   for  Form  10-QSB,   are   unaudited  and  contain  all  material
adjustments,  consisting  only of  normal  recurring  adjustments  necessary  to
present fairly the financial condition,  results of operations and cash flows of
the Company for the respective  interim  periods  presented.  The current period
results of operations are not necessarily indicative of results which ultimately
will be reported for the full fiscal year ending January 31, 2008.

For  segment  reporting  purposes,  the Company  operated  in only one  industry
segment during the periods represented in the accompanying  financial statements
and makes all  operating  decisions and  allocates  resources  based on the best
benefit to the Company as a whole.

                                       6
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE B - PREPARATION OF FINANCIAL STATEMENTS - CONTINUED

These  financial  statements  reflect  the books and  records of KIK  Technology
International,  Inc. (KTII) and KIK  Technology,  Inc. (KTI) as of and for three
months ended April 30, 2007 and 2006, respectively. All significant intercompany
transactions  have been eliminated in consolidation.  The consolidated  entities
are referred to as Company.

NOTE C - GOING CONCERN UNCERTAINTY

During Fiscal 2007, as a result of a lack of working capital and difficulties in
obtaining  raw  materials  as a result of the  continuing  effects of  Hurricane
Katrina on Gulf Coast  refineries and chemical  plants,  the Company's  revenues
continued  to  decline  and the  Company  continues  to use  cash  in  operating
activities.  The Company's  principal raw materials are produced from  petroleum
feedstocks and, therefore, are subject to disruption and price variances related
to the  global  availability  of  crude  oil  and  the  production  capacity  of
refineries  and chemical  plants,  principally  located on the U. S. Gulf Coast.
Management  and the  industry  as a whole  are  uncertain  on  when  Gulf  Coast
refineries  and chemical  plants will resume  producing at 100%  capacity as the
Company's suppliers and competitors have been placed on allocations of available
material by the producing source.  As the Company is experiencing  negative cash
flows,  the  availability  of  working  capital  to acquire  raw  materials  for
production has had a negative impact on the Company's operations.

In the event of any disruption in the  availability of raw materials or a market
for the Company's products,  as occurred during the year ended January 31, 2006,
the Company will experience a negative economic impact.

During  Fiscal  2007and  the first  quarter of Fiscal  2008,  respectively,  the
Company obtained  approximately $150,000 and $100,000 in new working capital and
continues to seek additional  outside sources of working capital to support that
raised from  operations.  The  Company's  future  existence  is  dependent  upon
achieving sales volumes sufficient to sustain the Company's cash requirements on
a day-to-day  basis through working  capital  generated from both operations and
outside sources.

The Company  anticipates  that  additional  working capital will be necessary to
support and preserve the integrity of the corporate entity. However, there is no
assurance  that the Company will be able to obtain  additional  funding  through
either bank lines-of-credit or the sale of additional equity securities or, that
such funding, if available, will be obtained on terms favorable to or affordable
by the Company.

If no additional  operating  capital is received  during the next twelve months,
the  Company  will be forced  to rely on  existing  cash in the  bank,  the cash
generated  from  operating  activities  and/or  additional  funds  loaned by the
Company's  majority parent to preserve the integrity of the corporate  entity at
this  time.  In the  event,  the  Company  is unable to  acquire  advances  from
management and/or  significant  stockholders,  the Company's ongoing  operations
would be  negatively  impacted to the point that all  operating  activities  are
ceased.

While the Company is of the opinion that good faith  estimates of the  Company's
ability to secure additional  capital in the future to reach our goals have been
made, there is no guarantee that the Company will receive  sufficient funding to
sustain operations or implement any future business plan steps.

NOTE D - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

1. Cash and cash equivalents

     For  Statement of Cash Flows  purposes,  the Company  considers all cash on
     hand  and  in  banks,  certificates  of  deposit  and  other  highly-liquid
     investments with maturities of three months or less, when purchased,  to be
     cash and cash equivalents.

     Cash  overdraft  positions may occur from time to time due to the timing of
     making bank deposits and releasing checks, in accordance with the Company's
     cash management policies.

                                       7
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE D - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

2. Accounts receivable and Revenue Recognition

     In the normal course of business,  the Company extends  unsecured credit to
     virtually  all of its  customers  which are located  throughout  the United
     States  and are  principally  concentrated  in the  midwest  region  of the
     country.  Depending upon management's  assessment of  creditworthiness  and
     order  size,  certain  shipments  are  made on  "COD"  terms  using  common
     carriers.  Because of the credit risk involved,  management has provided an
     allowance for doubtful accounts which reflects its opinion of amounts which
     will   eventually   become   uncollectible.   In  the  event  of   complete
     non-performance, the maximum exposure to the Company is the recorded amount
     of trade  accounts  receivable  shown on the  balance  sheet at the date of
     non-performance.

     The Company  recognizes revenue from the sale of tires and accessories upon
     shipment to, or receipt by customers,  depending upon contractual terms and
     when there is no significant  uncertainty regarding the consideration to be
     received and the associated costs to be incurred. Additionally, the Company
     recognizes   reductions  of  recorded  revenue  for  product  returns  from
     unsatisfied customers and other billing adjustments or corrections,  at the
     point that the  returned  products  are received by the Company or upon the
     completion of negotiations between the Company and it's customer.

3. Inventory

     Inventory consists of raw materials,  principally chemical feedstocks,  and
     finished  goods,  principally  tires and  accessories  manufactured  by the
     Company and other minor  miscellaneous  items  purchased  from  third-party
     vendors for resale as a component of the Company's products.

     Inventory is valued at the lower of cost or market value, using principally
     the average cost method.

     In November 2004,  Financial  Accounting  Standards  Board ("FASB")  issued
     Statement  of  Financial  Accounting   Standards   ("STATEMENT")  No.  151,
     "INVENTORY  COSTS - AN AMENDMENT OF  ACCOUNTING  RESEARCH  BULLETIN NO. 43,
     CHAPTER 4."  Statement  No. 151 requires  that  abnormal  amounts of costs,
     including  idle facility  expense,  freight,  handling  costs and spoilage,
     should be  recognized as current  period  charges.  The  provisions of this
     Statement became effective for inventory costs incurred during fiscal years
     beginning after June 15, 2005. Statement No. 151 was adopted the Company on
     February 1, 2006.  There was no material impact resulting from the adoption
     of Statement No. 151 on the Company's financial statements.

4. Property and Equipment

     Property and  equipment are recorded at  historical  cost.  These costs are
     depreciated over the estimated useful lives, generally two (2) to seven (7)
     years, of the individual assets using the straight-line  method.  Gains and
     losses from the  disposition  of property  and  equipment  are  included in
     operations as incurred.

     In accordance  with  Statement of Financial  Accounting  Standards No. 144,
     "Accounting  for the  Impairment  or Disposal of  Long-Lived  Assets",  the
     Company  follows the policy of evaluating  all property and equipment as of
     the end of each reporting quarter.  For each of the years ended January 31,
     2007 and 2006 and the  corresponding  three month  periods  ended April 30,
     2007 and 2006, no charges to operations  were made for  impairments  in the
     future benefit or recoverability of property and equipment.

5. Income Taxes

     The Company uses the asset and liability  method of  accounting  for income
     taxes.  At April 30, 2007 and 2006, the deferred tax asset and deferred tax
     liability accounts,  as recorded when material to the financial statements,
     are  entirely the result of temporary  differences.  Temporary  differences
     represent  differences in the recognition of assets and liabilities for tax
     and financial reporting purposes,  primarily  accumulated  depreciation and
     amortization, allowance for doubtful accounts and vacation accruals.

     As of April 30,  2007 and 2006,  the  deferred  tax  asset  related  to the
     Company's net operating loss carryforward is fully reserved.

                                       8
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE D - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - CONTINUED

6. Advertising costs

     The Company does not conduct any direct  response  advertising  activities.
     For non-direct response advertising, the Company charges the costs of these
     efforts  to  operations  at the  first  time  the  related  advertising  is
     published.

7. Earnings (loss) per share

     Basic  earnings  (loss) per share is computed  by  dividing  the net income
     (loss) available to common shareholders by the  weighted-average  number of
     common shares  outstanding  during the respective  period  presented in our
     accompanying financial statements.

     Fully diluted earnings (loss) per share is computed similar to basic income
     (loss) per share  except that the  denominator  is increased to include the
     number of common  stock  equivalents  (primarily  outstanding  options  and
     warrants).

     Common  stock  equivalents  represent  the  dilutive  effect of the assumed
     exercise of the outstanding stock options and warrants,  using the treasury
     stock method, at either the beginning of the respective period presented or
     the date of  issuance,  whichever  is later,  and only if the common  stock
     equivalents  are  considered  dilutive  based upon the Company's net income
     (loss) position at the calculation date.

     As of April  30,  2007 and  2006,  the  Company's  issued  and  outstanding
     warrants,  options and convertible debt are considered  antidilutive due to
     the Company's net operating loss position.

8. Employee Stock Options

     For periods  prior to November  1, 2002,  the Company  chose to account for
     employee   stock-based   compensation  using  the  intrinsic  value  method
     prescribed  in  Accounting  Principles  Board  Opinion No. 25 (APB No. 25),
     Accounting  for Stock  Issued to  Employees,  and related  interpretations.
     Accordingly,  employee  compensation cost for stock options and warrants is
     measured as the excess,  if any, of the market price of the Company's stock
     at the date of the grant  over the amount an  employee  must pay to acquire
     the  stock.  This  treatment  was  allowed  under  Statement  of  Financial
     Accounting  Standards No. 123,  "Accounting  for Stock Based  Compensation"
     (SFAS 123).

     In December 2002, FASB issued Statement of Financial  Accounting  Standards
     No.  148  "Accounting   for  Stock-Based   Compensation  -  Transition  and
     Disclosure"  (SFAS  148).  This  statement  amends  SFAS  123 and  provides
     alternative  methods of transition for a voluntary change to the fair value
     based method of accounting  for  stock-based  employee  compensation.  This
     statement  also amends the disclosure  requirements  of SFAS 123 to require
     more prominent and frequent  disclosures in financial  statements about the
     effects of stock-based  compensation.  The  transition  guidance and annual
     disclosure  provisions of SFAS 148 are  effective for financial  statements
     issued for fiscal years ending after December 15, 2002.  Effective November
     1, 2003,  the first day of the  reporting  quarter  including the effective
     date of SFAS 148, the Company's  Board of Directors,  in  conjunction  with
     public  opinion and SFAS 148,  elected to expense the imputed  compensation
     cost related to any stock options granted during Fiscal 2003 and for future
     periods. The Company has not issued any stock options since the adoption of
     SFAS 148 and has not  experienced  a  material  impact  on our  results  of
     operations or financial condition.

9. New and Pending Accounting Pronouncements

     The  Company  is of  the  opinion  that  any  and  all  pending  accounting
     pronouncements,  either in the  adoption  phase or not yet  required  to be
     adopted,  will not have a  significant  impact on the  Company's  financial
     position or results of operations.

                                       9
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE E - FAIR VALUE OF FINANCIAL INSTRUMENTS

The carrying amount of cash,  accounts  receivable,  accounts  payable and notes
payable, as applicable,  approximates fair value due to the short term nature of
these items  and/or the current  interest  rates  payable in relation to current
market conditions.

Interest  rate risk is the risk  that the  Company's  earnings  are  subject  to
fluctuations  in interest  rates on either  investments  or on debt and is fully
dependent  upon  the  volatility  of  these  rates.  The  Company  does  not use
derivative instruments to moderate its exposure to interest rate risk, if any.

Financial  risk  is  the  risk  that  the  Company's  earnings  are  subject  to
fluctuations in interest rates or foreign exchange rates and are fully dependent
upon the  volatility  of  these  rates.  The  company  does  not use  derivative
instruments to moderate its exposure to financial risk, if any.

NOTE F - CONCENTRATIONS OF CREDIT RISK

KTII and KTI maintain their  respective cash accounts in financial  institutions
subject  to  insurance   coverage  issued  by  the  Federal  Deposit   Insurance
Corporation  (FDIC).  Under  FDIC  rules,  both  KTII  and KTI are  entitled  to
aggregate  coverage of $100,000 per account  type per separate  legal entity per
financial institution.  During the years ended January 31, 2007 and 2006 and the
corresponding  three month periods ended April 30, 2007 and 2006,  respectively,
the various entities, from time-to-time, had deposits in a financial institution
with credit risk exposures in excess of statutory FDIC coverage. The Company has
incurred no losses as a result of any unsecured situations.

NOTE G - INVENTORIES

Inventories consist of the following at April 30, 2007 and 2006:

                                               April 30,           April 30,
                                                 2007                2006
                                               --------            --------

              Raw materials                    $ 22,574            $ 31,898
     Finished goods                             139,081             169,154
                                               --------            --------

              Total                            $161,655            $204,060
                                               ========            ========

NOTE H - PROPERTY AND EQUIPMENT

Property and equipment consists of the following at April 30, 2007 and 2006:

                                        April 30,      April 30,
                                          2007           2006     Estimated life
                                       ---------      ---------   --------------

     Machinery and Equipment           $ 607,275      $ 605,850      7 years
     Office furniture and fixtures        12,138         12,138      5 years
     Leasehold improvements               18,029         18,029      2 years
     Vehicles                              9,279          9,279      5 years
                                       ---------      ---------
                                         646,721        645,296
     Less accumulated depreciation      (571,555)      (541,969)
                                       ---------      ---------

     Net property and equipment        $  75,166      $ 103,327
                                       =========      =========

Depreciation  expense for the each of the three  months ended April 30, 2007 and
2006 were approximately $6,711 and $7,490, respectively.

                                       10
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE I - FUNDS HELD IN TRUST BY OFFICER

In May 2001, the Company advanced $53,400 to its President to hold in trust as a
contingency fund for the sole use of the Company in the event of a unanticipated
cash  shortfall.  The advance bears  interest at 4.0% annually and is unsecured.
The original  documentation  required repayment of the advance and accrued,  but
unpaid, interest in May 2003. As of April 30, 2007, and subsequent thereto, with
the  approval of the  Company's  Board of  Directors,  the  Company's  President
continues to maintain these funds as trustee on behalf of the Company.

NOTE J - NOTES PAYABLE TO INVESTORS

Pursuant to the terms of a private placement agreement, the Company attempted to
raise up to $600,000  through the  placement of two-year  senior  notes  bearing
interest  at 10%  payable  quarterly.  This  Private  Placement  Memorandum  was
terminated by the Company during the fiscal quarter ended October 31, 2002.

In November  2001,  the Company  entered  into an agreement  with an  investment
banker whereby the investment  banker would act as exclusive  dealer-manager  in
this private  placement of  securities  to be issued by the Company  pursuant to
Regulation D of the Securities  Act of 1933, as amended.  As  compensation,  the
investment banker was paid $15,000 for professional fees,  received a commission
equal to 10% of the gross proceeds,  an unaccountable expense allowance equal to
4% of the gross proceeds,  and for every $500,000 raised,  150,000 shares of the
Company's restricted, unregistered common stock. Such shares will be issued upon
completion of the private  placement.  In addition,  the investment  banker will
have the option to nominate one person to the Company's Board of Directors if at
least  $2,000,000 is raised.  As of the  termination  of this Private  Placement
Memorandum, in prior years, only $75,000 was raised.

Note  holders can elect,  with the  consent of the  Company,  to accept  Company
common stock in lieu of cash interest payments.  Such payments in stock would be
calculated  at 50% of the daily  average of the market price of the common stock
for the 30-calendar  days preceding the interest due date. After six months from
the date of issue of the notes,  the  Company  can  convert  the notes to common
stock if the daily average  market price of the  Company's  common stock for any
30-calendar days after the initial six-month period equals or exceeds $1.00. The
conversion  of the notes to common stock would also be  calculated at 50% of the
daily average market price for the 30 days prior to the Company giving notice of
its plan to convert.

In  conjunction  with the offering of the notes,  each note holder was given one
warrant for each $1.00 invested.  Each warrant allows the holder to purchase one
share of the Company's  common stock at an initial  exercise  price of $0.60 per
share, and is exercisable for two years. In March 2002, the Company repriced the
outstanding warrants to an exercise price of $0.40 per share.

Pursuant to the private placement,  the Company sold a $50,000  convertible note
on November 12, 2001 and a $25,000  convertible note on December 26, 2001 to two
unrelated  investors.  Warrants to purchase a combined total of 75,000 shares of
the Company's common stock at $0.60 per share were also issued to the investors.
The  warrants  were  valued at $11,789  using the  Black-Scholes  option-pricing
model, and therefore $11,789 of the total debt proceeds of $75,000 was allocated
to the warrants, resulting in a discount on the notes, was amortized to interest
expense over the initial term of the underlying  debt. This calculated  discount
was  amortized  to  interest  expense  in  prior  years.  The  weighted  average
assumptions   utilized   to  value  the   warrants   using   the   Black-Scholes
option-pricing model were as follows:

Expected life of the option:    The  initial life of  the  corresponding option,
                                generally two (2) years
Expected volatility in
 the Company's stock price:     150.0%,  which was based on fluctuations of the
                                Company's stock price over the past Fiscal year.
Expected dividends:             Zero (0.00) based on past performance.
Anticipated risk free
 interest rate:                 Estimated to be 2.80%.

The  convertible  notes  contained a beneficial  conversion  feature valued at a
combined  total  of  approximately  $63,000.  However,  because  the  conversion
features were fully contingent upon the occurrence of certain future events, the
Company  did not  record a discount  resulting  from the  beneficial  conversion
feature.

                                       11
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE J - NOTES PAYABLE TO INVESTORS - CONTINUED

The notes  matured  on  November  12,  2003  ($50,000)  and  December  26,  2003
($25,000), respectively.

On February 16, 2004, the Company  restructured  the $50,000  convertible  note.
Under the restructured terms, the Company paid all accrued interest and a $3,000
principal  reduction on March 16, 2004, as of February 16, 2004.  The Company is
obligated to pay $2,000 per month,  plus accrued  interest,  for the period from
March 16,  2004  through  August 16,  2004 and $1,000  per month,  plus  accrued
interest, on the 16th of each month thereafter until all outstanding amounts are
paid in full.  The  restructured  note bears  interest  at 10.0% per annum.  The
Company is making  interest-only  payments of approximately  $314, which is less
than the interest  accruing and is delinquent  in making the required  principal
payments.  Accordingly,  the  entire  debt is  classified  as  "current"  in the
accompanying consolidated financial statements.

The  $50,000  restructured  note is  convertible  into  shares of  unregistered,
restricted  common stock at the discretion of the Noteholder  with the Company's
consent,  provided that the daily average  (calculated  from the last sale price
daily) of the market price of the Company's common stock for any 30 calendar day
period equals or exceeds $1.00 per share,  with the conversion  being calculated
at a 50% discount of such 30 day average.

The $50,000  Noteholder  also has the  election to receive the monthly  interest
payments in  restricted,  unregistered  common stock of the Company at the daily
average  (calculated  from the last sale price daily) of the market price of the
Company's  common stock for the 30 calendar day period prior to the interest due
date,  with the number of shares to be issued  calculated  at a 50%  discount of
such 30 day average.

The  $25,000  convertible  note is in default and no demand for payment has been
made  to  the  Company.  The  Company  continues  to  accrue  interest  on  this
convertible note in accordance with the original terms and conditions.

The aggregate maturities of the notes are as follows:

     Balance as of January 31, 2007          $ 68,000
     Less current portion                     (68,000)
                                             --------

     Long-term portion                       $     --
                                             ========

NOTE K - CAPITAL LEASE PAYABLE

Capital lease payable is as follows:

                                                          April 30,    April 30,
                                                            2007         2006
                                                          -------      -------
$21,080 capital lease payable to a finance corporation
 Interest at 8.60%.  Payable in monthly installments
 of approximately $432, including accrued interest
 Final maturity due in April 2007.  Collateralized by
 equipment.  Paid in full in March 2007                   $    --      $ 4,148

     Less current maturities                                   --       (4,148)
                                                          -------      -------

     Long-term portion                                    $    --      $   425
                                                          =======      =======

                                       12
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE L - INCOME TAXES

The  components  of income tax  (benefit)  expense  for each of the three  month
periods ended April 30, 2007 and 2006, respectively, are as follows:

                                            Three months          Three months
                                               ended                 ended
                                              April 30,             April 30,
                                                2007                  2006
                                              -------               -------
     Federal:
       Current                                $    --               $    --
       Deferred                                    --                    --
                                              -------               -------
                                                   --                    --
                                              -------               -------
     State:
       Current                                     --                    --
       Deferred                                    --                    --
                                              -------               -------
                                                   --                    --
                                              -------               -------
       Total                                  $    --               $    --
                                              =======               =======

As of the year  ended  January  31,  2007,  the  Company  has a  cumulative  net
operating loss carryforward of approximately $5,300,000 to offset future taxable
income.   Subject  to  current   regulations,   components  of  this  cumulative
carryforward  will at the end of each fiscal year through  2026.  The amount and
availability  of  the  net  operating  loss  carryforwards  may  be  subject  to
limitations set forth by the Internal  Revenue Code.  Factors such as the number
of shares ultimately issued within a three year look-back period;  whether there
is a deemed more than 50 percent change in control; the applicable long-term tax
exempt bond rate;  continuity of historical  business;  and subsequent income of
the  Company  all  enter  into  the  annual   computation  of  allowable  annual
utilization of the carryforwards.

The  Company's  income tax expense  (benefit)  for the three month periods ended
April 30, 2007 and 2006, respectively,  differed from the statutory federal rate
of 34 percent as follows:

                                                     Three months   Three months
                                                        ended          ended
                                                       April 30,      April 30,
                                                         2007           2006
                                                       --------       --------

Statutory rate applied to loss before income taxes     $(62,000)      $ (2,900)
Increase (decrease) in income taxes resulting from:
  State income taxes                                         --             --
  Other, including reserve for deferred tax asset        62,000          2,900
                                                       --------       --------

     Income tax expense                                $     --       $     --
                                                       ========       ========

Temporary differences due to statutory requirements in the recognition of assets
and liabilities for tax and financial  reporting  purposes,  generally including
such items as organizational costs,  accumulated  depreciation and amortization,
allowance for doubtful accounts,  organizational and start-up costs and vacation
accruals.  These  differences  give  rise to the  financial  statement  carrying
amounts and tax bases of assets and  liabilities  causing  either  deferred  tax
assets or liabilities,  as necessary,  as of the year ended January 31, 2007 and
2006, respectively:

                                              January 31,           January 31,
                                                 2007                  2006
                                              -----------           -----------
Deferred tax assets
  Net operating loss carryforwards            $ 1,797,000           $ 1,647,000
  Less valuation allowance                     (1,797,000)           (1,647,000)
                                              -----------           -----------
Net Deferred Tax Asset                        $        --           $        --
                                              ===========           ===========

During the year ended  January 31, 2007 and 2006,  respectively,  the  valuation
allowance  for the deferred tax asset  increased by  approximately  $150,000 and
$122,000.

                                       13
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE M - COMMON STOCK TRANSACTIONS

In July 2006,  the Company  issued 150,000  restricted,  unregistered  shares of
common  stock  in  payment  of  a  contract  for  professional  services.   This
transaction was valued at approximately  $6,000, which was equal to or in excess
of the closing  price of the  Company's  common  stock on the NASDAQ  Electronic
Bulletin Board on the date of the  transaction.  The Company relied upon Section
4(2)  of  The  Securities  Act of  1933,  as  amended,  for  an  exemption  from
registration on these shares.

NOTE N - STOCK WARRANTS

All warrants issued with the aforementioned  convertible notes have expired. The
Company has no issued and outstanding warrants as of April 30, 2007.

NOTE O - RELATED PARTY TRANSACTIONS

The  Company   accrues   $30,000  per  quarter  (or   $120,000   per  year)  for
administrative  service  fees  payable  to KIK  Polymers,  Inc.,  the  Company's
controlling shareholder.  As of April 30, 2007 and 2006, the Company has accrued
an aggregate $510,000 and $390,000, respectively, in these fees payable.

During  Fiscal  2006,  KIK  Polymers  advanced  KTI $50,000 for working  capital
purposes.  This advance is non-interest  bearing and has no scheduled  repayment
date.

During  Fiscal  2007,  KIK Polymers  advanced  KTI $150,000 for working  capital
purposes.  These  advances  are  non-interest  bearing  and  have  no  scheduled
repayment date.

During the first quarter of Fiscal 2008, KIK Polymers  advanced KTI $100,000 for
working capital  purposes.  These advances are non-interest  bearing and have no
scheduled repayment date.

NOTE P - COMMITMENTS AND CONTINGENCIES

LEASED FACILITIES

The Company leases its facilities under a non-cancellable operating lease, which
expires in May 2008. The lease requires monthly payments as follows:  $8,307 for
the first 12  months;  $8,639  for the next 12 months and $8,984 for the next 12
months.  Rent expense incurred under this lease was  approximately  $110,680 and
$108,597 for each of the years ended January 31, 2007 and 2006, respectively.

Future amounts due under this agreement are as follows:

                                              Year ending
                                              January 31,              Amount
                                              -----------              ------

                                                 2008                 $105,391
                                                 2009                   48,585
                                                                      --------

                                                Totals                $153,976
                                                                      ========

                                       14
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006


NOTE P - COMMITMENTS AND CONTINGENCIES

EMPLOYMENT CONTRACT

KIK entered  into an  employment  agreement  with  William M.  Knooihuizen,  the
Company's current President and Director.  The agreement started in May 2000 and
was for an initial period of five (5) years at an annual salary in the amount of
$143,000,  to be paid weekly.  Upon expiration in May 2005, the Company and it's
officer  agreed to continue this agreement in an unwritten form on an undefined,
indefinite basis.

NOTE Q - SIGNIFICANT CUSTOMERS

During the years ended January 31, 2007 and 2006, respectively,  the Company had
four and three separate customers who were responsible for a significant portion
of the Company's net revenues,  accounts receivable and suppliers of various raw
materials and components to the Company's  manufacturing  process. The following
table shows the significance of these entities:

                                                     Accounts          Accounts
                                    Revenues         Receivable         Payable
                                    --------         ----------         -------
Year ended January 31, 2007
   Customer A                         46.42%           30.77%            45.35%
   Customer B                          9.12             0.00              0.00
   Customer C                          5.86            16.30              0.58
   Customer D                          3.94             0.00              0.00
   Others                             34.66            52.93             54.07
                                     ------           ------            ------
     Totals                          100.00%          100.00%           100.00%
                                     ======           ======            ======

Year ended January 31, 2006
   Customer A                         28.98%           10.74%            48.05%
   Customer B                         25.73             3.48              0.00
   Customer C                          5.62            15.36              0.06
   Customer D                          6.28            11.08              0.00
   Others                             33.39            59.34             51.89
                                     ------           ------            ------
     Totals                          100.00%          100.00%           100.00%
                                     ======           ======            ======

During the quarter ended April 30, 2007, these trends have continued to exist.


NOTE R - SELECTED FINANCIAL DATA (UNAUDITED)

The  following is a summary of the quarterly  results of operations  for each of
the years ended or ending January 31, 2008, 2007 and 2006, respectively.

<TABLE>
<CAPTION>
                                Quarter ended     Quarter ended   Quarter ended    Quarter ended      Year ended
                                  April 30,         July 31,        October 31,      January 31,      January 31,
                                  ---------         --------        -----------      -----------      -----------
<S>                             <C>               <C>               <C>              <C>              <C>
YEAR ENDING JANUARY 31, 2008
  Sales                          $   312,923
  Gross profit                      (35,164)
  Net earnings after provision
    for income taxes               (182,934)
  Basic and fully diluted
    earnings per share           $    (0.01)
  Weighted average
    number of shares
    issued and outstanding       25,321,865
</TABLE>

                                       15
<PAGE>
                KIK TECHNOLOGY INTERNATIONAL, INC. AND SUBSIDIARY
             NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED
                             April 30, 2007 and 2006



NOTE R - SELECTED FINANCIAL DATA (UNAUDITED) - CONTINUED

The  following is a summary of the quarterly  results of operations  for each of
the years ended or ending January 31, 2008, 2007 and 2006, respectively.

<TABLE>
<CAPTION>
                                Quarter ended     Quarter ended   Quarter ended    Quarter ended      Year ended
                                  April 30,         July 31,        October 31,      January 31,      January 31,
                                  ---------         --------        -----------      -----------      -----------
<S>                             <C>               <C>               <C>              <C>              <C>

YEAR ENDING JANUARY 31, 2007
  Sales                         $    596,844     $    578,076     $    277,577     $    405,169      $  1,857,666
  Gross profit                       143,541           69,814          (50,969)         (37,068)          125,318
  Net earnings after provision
    for income taxes                  (8,429)         (86,327)        (182,480)        (164,812)         (442,048)
  Basic and fully diluted
    earnings per share                   nil              nil     $      (0.01)    $      (0.01)     $      (0.02)
  Weighted average
    number of shares
    issued and outstanding        25,171,865       25,173,495       25,323,495       25,321,865        25,247,892

YEAR ENDED JANUARY 31, 2006
  Sales                         $    375,216     $    541,296     $    560,849     $    469,708      $  1,947,069
  Gross profit                           577          147,853           40,488           29,097           218,015
  Net earnings after provision
    for income taxes                (148,144)           3,207         (105,991)        (130,359)         (381,287)
  Basic and fully diluted
    earnings per share          $      (0.01)             nil              nil     $      (0.01)     $      (0.02)
  Weighted average
    number of shares
    issued and outstanding        25,171,865       25,171,865       25,171,865       25,171,865        25,171,865
</TABLE>

                                       16
<PAGE>
ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

(1) CAUTION REGARDING FORWARD-LOOKING INFORMATION

Certain  statements  contained  in this  quarterly  filing,  including,  without
limitation, statements containing the words "believes", "anticipates", "expects"
and  words  of  similar  import,  constitute  forward-looking  statements.  Such
forward-looking  statements  involve known and unknown risks,  uncertainties and
other factors that may cause the actual results,  performance or achievements of
the Company,  or industry  results,  to be materially  different from any future
results,   performance   or   achievements   expressed   or   implied   by  such
forward-looking statements.

Such factors include, among others, the following:  international,  national and
local general economic and market conditions:  demographic  changes; the ability
of the Company to sustain,  manage or  forecast  its growth;  the ability of the
Company to successfully make and integrate acquisitions;  raw material costs and
availability;  new product  development and  introduction;  existing  government
regulations  and  changes  in,  or  the  failure  to  comply  with,   government
regulations;  adverse publicity;  competition; the loss of significant customers
or suppliers;  fluctuations  and  difficulty in forecasting  operating  results;
changes in business strategy or development  plans;  business  disruptions;  the
ability  to attract  and  retain  qualified  personnel;  the  ability to protect
technology; and other factors referenced in this and previous filings.

Given  these  uncertainties,  readers  of this Form  10-QSB  and  investors  are
cautioned not to place undue reliance on such  forward-looking  statements.  The
Company  disclaims  any  obligation  to update any such  factors or to  publicly
announce the result of any  revisions to any of the  forward-looking  statements
contained herein to reflect future events or developments.

(2) RESULTS OF OPERATIONS, LIQUIDITY AND CAPITAL RESOURCES OR PLAN OF OPERATION

OVERVIEW

During the three months ended April 30, 2007 and 2006, respectively, the Company
achieved  revenues of approximately  $313,000 and $597,000.  These revenues were
derived primarily from the sale of tire products.  Net loss for the three months
ended  April  30,  2007 and  2006 was  approximately  $(183,000)  and  $(8,400),
respectively.  The net loss for each of these quarters includes a $30,000 charge
for administrative services to the Company from KIK Polymers, Inc. (formerly KIK
Tire  Technologies   Inc.,  the  Company's   publicly-owned   Canadian  majority
shareholder.  The net loss per share of common  stock for the three months ended
April 30, 2007 and 2006, respectively, was approximately $(0.01) and $(0.00).

On June 19,  2007,  we filed a  Current  Report  on Form 8-K  outlining  certain
negative financial and operational  trends. In summary,  this filing highlighted
certain disclosures in our Annual Report on Form 10-KSB (filed on or about April
30, 2007) related to raw material price increases which we are not able to fully
pass through to our customers,  the  competitive  pressures and  difficulties in
obtaining  raw feedstock  materials and our decline in our gross profit  margin.
Further,  we continue to experience economic pricing pressures caused by foreign
competition  and  increases in domestic raw material  costs,  which are directly
related to the cost of crude oil from both foreign and domestic markets.

In April 2007,  our  management  attended  an  industry  trade show in Las Vegas
Nevada.  As a result of being in attendance at this trade show,  our  management
continues to be of the opinion that consumer  demand for the Company's flat free
tires remains strong and, with adequate  working capital and availability of raw
materials,  could potentially increase in the next operating year. The Company's
products continue to have strong demand at the consumer level and, although, the
Company's raw feedstocks are petrochemical  based, that the Company will be able
to meet product demands and generate  sufficient cash from regular product sales
to support the Company's  operations  for the next twelve  months.  In the event
that daily normal sales activities do not generate  sufficient cash,  management
is of the opinion that alternative  sources of working capital exist either from
existing shareholders making a capital infusion or from new third party sources,
including receivable financing or secured bank lines of credit.

However,  we have been unable to acquire  sufficient  additional working capital
from  either  outside  sources or its parent  company,  KIK  Polymers,  Inc.  of
Calgary,  Alberta,  Canada.  Accordingly,  the Company  continues to  experience
negative  cash flows  from  operating  activities  which  negatively  impact the
Company's ability to meet its daily operational cash requirements.

The ultimate  resolution of the Company's financial  difficulties,  the ultimate
impact on the  Company's  operations  and the future  ability  of the  Company's
securities to be traded in an open market environment is unknown at this time.

                                       17
<PAGE>
RESULTS OF OPERATIONS

The following  discussion and analysis of our financial condition and results of
operations  should  be read  in  conjunction  with  the  consolidated  financial
statements and notes.

THREE MONTHS  ENDED APRIL 30, 2007  COMPARED TO THE THREE MONTHS ENDED APRIL 30,
2006

The Company  posted net sales of  approximately  $313,000  for the three  months
ended April 30, 2007 as compared to net sales of approximately  $597,000 for the
three months ended April 30, 2006.

The Company's cost of sales increased by approximately $105,000 to approximately
$348,000 for the three months ended April 30, 2007 as compared to  approximately
$453,000  for the three  months ended April 30,  2006.  This  increase  profiles
comparably  to the  increase  in  sales  over the same  calendar  period  of the
previous year. The Company  continues to experience  certain price  increases in
key raw materials  which cannot be fully passed through in their entirety due to
competitive  pressures from  comparable  products  produced in Asian markets and
continue to have  difficulties  in obtaining  raw  materials  due to the lack of
availability of adequate working capital.  All other costs related to production
were relatively  stable from the end of Fiscal 2005 through the first quarter of
Fiscal 2007.

The Company continues to experience economic pricing pressures caused by foreign
competition  and  increases in domestic raw material  costs,  which are directly
related  to the cost of crude  oil  from  both  foreign  and  domestic  markets.
Management is aware of this  situation and continues to evaluate all  productive
alternatives to restore the gross profit percentages experienced in prior years.

General  and  administrative   expenses  decreased  nominally  to  approximately
$145,000 for the three months ended April 30, 2007 to approximately $151,000 for
the three  months  ended  April 30,  2006.  To the extent  possible,  management
monitors  and  controls  the  variable  expenditures  related  to the  Company's
administration;  however,  we are of the opinion that these costs are relatively
stable  as  management  has  reduced  all  administrative  costs to the  minimum
necessary to operate the Company. Included in these costs is a $10,000 per month
($30,000 per quarter)  administrative  charge to KIK Tire Technologies Inc., the
Company's publicly-owned Canadian majority shareholder.

LIQUIDITY AND CAPITAL RESOURCES

The Company had cash and cash equivalents of approximately  $832, $31 and $8.500
as of April 30,  2007,  January 31, 2007 and April 30, 2006,  respectively.  The
Company  maintained  business  liquidity and capital  resources  during the year
adequate to fund all capital and operating expense requirements. Operations were
primarily funded from internally generated funds, line of credit borrowings, and
capital raised via a private placement of securities in previous years.

For the three months ended April 30, 2007 and 2006,  net cash  provided by (used
in)  operating   activities   was   approximately   $(94,400)   and   $(44,000),
respectively. The negative cash flow for operations is a result of reduced sales
volumes,  increased  raw material  costs and  increased  costs related to energy
(principally electricity and natural gas) consumed in the production process and
maintenance of the Company's facilities.

Cash used in investing  activities was approximately  $-0- and $(7,000) for each
of the three months ended April 30, 2007 and 2006, respectively. The Fiscal 2007
cash  utilizations  were solely for the  acquisition  of  equipment  used in the
manufacturing process.

The Company  experienced  cash derived from (used in)  financing  activities  of
approximately  $95,200 and $49,200 in the first three  months of Fiscal 2008 and
Fiscal 2007, respectively.  Any expenditures in this area were solely related to
payments  on the  Company's  capital  lease  financing  obligation.  The Company
received a $100,000 and $50,000 cash advance  during each of the first  quarters
of Fiscal 2008 and 2007 from it's  majority  shareholder  to provide  additional
working capital.

Management  is  uncertain  on  the  future  operations  of the  Company  without
significant infusions of new working capital.

CRITICAL ACCOUNTING POLICIES

Financial  Reporting  Release  No.  60,  of the U. S.  Securities  and  Exchange
Commission,   requires  all  companies  to  include  a  discussion  of  critical
accounting policies or methods used in the preparation of financial  statements.
Note D to the Company's  Consolidated Financial Statements includes a summary of
the significant  accounting  policies and methods used in the preparation of the
Company's Consolidated Financial Statements. The following is a brief discussion
of the more significant accounting policies and methods used by the Company.

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<PAGE>
REVENUE RECOGNITION

The  Company  recognizes  revenue  from the sale of tires and  accessories  upon
shipment to, or receipt by customers,  depending upon contractual terms and when
there is no significant  uncertainty  regarding the consideration to be received
and the associated costs to be incurred.  Additionally,  the Company  recognizes
reductions of recorded  revenue for product returns from  unsatisfied  customers
and other billing  adjustments  or  corrections,  at the point that the returned
products  are  received by the Company or upon the  completion  of  negotiations
between the Company and it's customer.

ACCOUNTS RECEIVABLE

The Company  continuously  monitors  collections and payments from its customers
and  maintains an allowance  for  estimated  uncollectible  accounts  based upon
historical  experience and specific customer  collections  issues that have been
identified.   Depending   upon   management's   assessment   of   a   customer's
creditworthiness and order size, certain shipments are made on "COD" terms using
common carriers.

In the normal  course of  business,  the  Company  extends  unsecured  credit to
virtually all of its customers  which are located  throughout  the United States
and are principally concentrated in the midwest region of the country. Depending
upon  management's  assessment  of  creditworthiness  and  order  size,  certain
shipments are made on "COD" terms using common  carriers.  Because of the credit
risk involved,  management has provided an allowance for doubtful accounts which
reflects its opinion of amounts which will eventually become  uncollectible.  In
the event of complete  non-performance,  the maximum  exposure to the Company is
the recorded amount of trade accounts  receivable  shown on the balance sheet at
the date of non-performance.

INVENTORIES

Inventories  are  valued  at the  lower of cost or  market.  Cost is  determined
principally on the average cost method.  The Company regularly reviews inventory
quantities  on hand and  records,  when  necessary,  a provision  for excess and
obsolete  inventory  based  primarily  on the  Company's  estimated  forecast of
product demand and production  requirements  for the next twelve months.  Demand
for the Company's products can fluctuate  significantly.  A significant increase
in the demand for the Company's  products could result in a short-term  increase
in the cost of inventory purchases while a significant  decrease in demand could
result in an increase in the amount of excess  inventory  quantities on hand. In
addition, the Company's industry is characterized by rapid technological change,
frequent  new product  development  and rapid  product  obsolescence  that could
result in an increase in the amount of obsolete  inventory  quantities  on hand.
Additionally,  the Company's  estimate of future  product demand may prove to be
inaccurate,  in which case the Company may have  understated  or overstated  the
provision required for excess and obsolete  inventory.  Therefore,  although the
Company  makes every  effort to ensure the  accuracy of its  forecasts of future
product demand, any significant unanticipated changes in demand or technological
developments  could have a significant  impact on the Company's  inventory value
and reported operating results.

STOCK-BASED COMPENSATION

Statement of Financial  Accounting Standards No. 123, Accounting for Stock Based
Compensation,  defines a fair-value  based method of accounting for  stock-based
employee  compensation  plans and  transactions  in which an entity  issues  its
equity  instruments  to  acquire  goods and  services  from  non-employees,  and
encourages  but does not  require  companies  to  record  compensation  cost for
stock-based employee compensation plans at fair value.

For periods  prior to  November  1, 2002,  the Company has chosen to account for
employee stock-based compensation using the intrinsic value method prescribed in
Accounting  Principles  Board Opinion No. 25 (APB No. 25),  Accounting for Stock
Issued  to  Employees,  and  related  interpretations.   Accordingly,   employee
compensation  cost for stock options and warrants is measured as the excess,  if
any, of the market  price of the  Company's  stock at the date of the grant over
the amount an employee must pay to acquire the stock. This treatment was allowed
under Statement of Financial Accounting Standards No. 123, "Accounting for Stock
Based Compensation" (SFAS 123).

In December 2002, FASB issued  Statement of Financial  Accounting  Standards No.
148 "Accounting for Stock-Based  Compensation - Transition and Disclosure" (SFAS
148).  This  statement  amends  SFAS 123 and  provides  alternative  methods  of
transition  for a voluntary  change to the fair value based method of accounting
for stock-based employee compensation. This statement also amends the disclosure
requirements  of SFAS 123 to require more prominent and frequent  disclosures in
financial  statements  about  the  effects  of  stock-based  compensation.   The
transition  guidance and annual disclosure  provisions of SFAS 148 are effective
for financial statements issued for fiscal years ending after December 15, 2002.
Effective November 1, 2003, the first day of the reporting quarter including the
effective  date of SFAS 148, the Company's  Board of Directors,  in  conjunction
with public  opinion and SFAS 148,  elected to expense the imputed  compensation
cost  related to any stock  options  granted  during  Fiscal 2003 and for future

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<PAGE>
periods. The Company has not issued any stock options since the adoption of SFAS
148 and has not  experienced  a material  impact on our results of operations or
financial condition.

In December  2004,  the FASB issued SFAS  123(R),  "Share-Based  Payment."  SFAS
123(R)  amends SFAS 123,  "Accounting  for  Stock-Based  Compensation,"  and APB
Opinion 25,  "Accounting  for Stock Issued to Employees."  SFAS 123(R)  requires
that  the  cost  of  share-based  payment  transactions  (including  those  with
employees and  non-employees)  be recognized in the financial  statements.  SFAS
123(R)  applies  to all  share-based  payment  transactions  in which an  entity
acquires  goods or services by issuing (or offering to issue) its shares,  share
options,  or other equity  instruments  (except for those held by an ESOP) or by
incurring  liabilities  (1) in amounts  based (even in part) on the price of the
entity's  shares  or  other  equity  instruments,  or (2) that  require  (or may
require)  settlement  by the  issuance  of an  entity's  shares or other  equity
instruments.  This statement is effective (1) for public companies qualifying as
SEC small  business  issuers,  as of the  first  interim  period or fiscal  year
beginning after December 15, 2005, or (2) for all other public companies,  as of
the first interim  period or fiscal year  beginning  after June 15, 2005, or (3)
for all nonpublic entities, as of the first fiscal year beginning after December
15, 2005. There was no significant impact to the Company's financial  statements
upon the adoption of SFAS No. 123(R).

ITEM 3 - CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures

Under the supervision and with the  participation  of our management,  including
our principal executive officer and principal financial officer, we conducted an
evaluation of our disclosure  controls and  procedures,  as such term is defined
under Rule 13a-15(e)  promulgated under the Securities  Exchange Act of 1934, as
amended  (Exchange  Act), as of April 30, 2007.  Based on this  evaluation,  our
principal  executive officer and principal  financial officer concluded that our
disclosure  controls and  procedures  are effective in alerting them on a timely
basis to material information relating to our Company required to be included in
our reports filed or submitted under the Exchange Act.

(b) Changes in Internal Controls

There were no significant  changes (including  corrective actions with regard to
significant  deficiencies or material  weaknesses) in our internal controls over
financial  reporting that occurred  during the quarter ended April 30, 2007 that
has  materially  affected,  or is reasonably  likely to materially  affect,  our
internal control over financial reporting.

                          PART II - OTHER INFORMATION

ITEM 1 - LEGAL PROCEEDINGS

None

ITEM 2 - UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None

ITEM 3 - DEFAULTS ON SENIOR SECURITIES

None

ITEM 4 - SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The  Company  has held no  regularly  scheduled,  called or special  meetings of
shareholders during the reporting period.

ITEM 5 - OTHER INFORMATION

DIRECTOR RESIGNATION

On June 18, 2007,  the Company's  management  and Board of Directors  received a
Letter of Resignation dated June 15, 2007 from Mr. Kuldip C. Baid, the Company's
former Chief  Financial  Officer and member of the Company's Board of Directors,
effective as of that date.  While Mr. Baid did not  specifically  state a reason
for his resignation,  management and the Board of Directors believe the event is
related to the Company's  financial  condition and Mr. Baid's  relationship with
the Company's Canadian based majority  stockholder,  KIK Polymers,  Inc. Mr Baid
was provided with a copy of our initial  disclosure in a Current  Report on Form
8-K and he verbally  advised the Company that he had no issues or  disagreements
with the  information  disclosed.  As a result of Mr.  Baid's  resignation,  Mr.
William Knooihuizen assumed the position of Acting Chief Financial Officer.

                                       20
<PAGE>
ACCOUNTING FIRM MATTERS

On June 14,  2007,  the Company  received a demand  notice  from its  Registered
Independent  Certified  Public  Accounting Firm. The key segments of this demand
notice are as follows:

     "KIK Technology  International,  Inc. (Company) is seriously  delinquent in
     the payment of its  indebtedness  to S. W. Hatfield,  CPA for  professional
     services  related  to the  performance  of the  review  of  your  financial
     statements for the respective quarters ended July 31, 2006 and November 30,
     2006; the  performance of the  examination of your financial  statements in
     accordance  with  auditing  standards  established  by the  Public  Company
     Accounting  Oversight  Board (United States) for the year ended January 31,
     2007; and the performance of certain  requested  procedures  related to the
     reliance  on our  audit  work  as it  relates  to the  Company's  financial
     statements and the integration thereof into the financial statements of the
     Company's parent company, KIK Polymers, Inc.

     BE ADVISED  THAT  FINANCE  CHARGES  HAVE  ACCRUED  FROM THE DATE OF INITIAL
     INVOICE, AT THE AGREED-UPON RATE OF 21.0%.

     DEMAND IS MADE FOR PAYMENT IN THE AMOUNT OF  $24,266.79.  SEE THE  ATTACHED
     CALCULATION.  THIS DEMAND IS AN ATTEMPT TO COLLECT A DEBT. ANY  INFORMATION
     YOU PROVIDE MAY BE USED TO ASSIST IN THE COLLECTION OF THIS DEBT.

     PAYMENT IS TO BE MADE IN U.S.  DOLLARS,  VIA WIRE  TRANSFER,  NO LATER THAN
     12:00 NOON, MONDAY, JUNE 25, 2007. WIRE INSTRUCTIONS WILL BE PROVIDED.

     In the event that  payment is not received by the due date,  interest  will
     continue  to accrue at the agreed upon rate.  Further,  failure to pay will
     result in the filing of a lawsuit against you seeking all past due amounts,
     and attorney's fees."

While the  Company has made a partial  payment on the  demands of the  Company's
Registered  Certified  Public  Accounting  Firm,  we have not been able to fully
comply with the demands and satisfy the outstanding  balance(s) due. Due to this
payment in good faith,  our auditors agreed to and have reviewed this filing and
the financial  statements  contained herein.  However,  in the event that we are
unable to fully  satisfy our  financial  responsibilities,  management  that our
understands that a withdrawal of either the respective Independent  Accountant's
Review Report or Report of Registered  Independent  Certified Public  Accounting
Firm on any or all of the Company's financial  statements as contained in either
Quarterly  Reports on Form  10-QSB or Annual  Reports on Form  10-KSB  remains a
distinct possibility due to our non-payment for the related assurance services.

In the event that the Company's  auditor commences legal action and/or withdraws
previously  issued  periodic  review  reports  or annual  audit  reports  due to
non-payment  for  services,  there will be an immediate  negative  impact on the
trading ability of the Company's equity securities.  Further,  our auditors will
resign due to independence  issues and the litigation.  The Company will then be
required to engage new auditors to fulfill the Company's reporting  requirements
under  the  Securities  Exchange  Act of 1934.  Due to the  Company's  financial
condition,  it is uncertain  that the Company  will be able to engage  successor
auditors.

ITEM 6 - EXHIBITS

Exhibits
31.1 Certification pursuant to Section 302 of Sarbanes-Oxley Act of 2002 - Chief
     Executive and Financial Officer
32.1 Certifications pursuant to Section 906 of Sarbanes-Oxley Act of 2002.

                                   SIGNATURES

In accordance with the  requirements of the Exchange Act, the registrant  caused
this  report to be  signed on its  behalf  by the  undersigned,  thereunto  duly
authorized.
                                             KIK TECHNOLOGY INTERNATIONAL, INC.


Date: June 14, 2006                          By: /s/ William M. Knooihuizen
      -------------                             --------------------------------
                                                          William M. Knooihuizen
                                                     Chief Executive Officer and
                                                  Acting Chief Financial Officer

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